# 1209 Elder Avenue, Bronx, NY 10472

> **TL;DR:** commercial, $1,400,000, built 1913. Est. $7,487/mo. Listed 166 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,400,000 |
| Year Built | 1913 |
| Lot Size | 3,999 sqft (0.09 acres) |
| Stories | 5 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 166 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,079 |
| Estimated Insurance | $408 |
| **Total** | **$7,487** |

## Property Highlights

- Built in 1913
- 0.09 acre lot
- 5 stories
- 6 parking spaces

## Description

### Agent Description
Calling All Investors, Developers & End-Users!!! 11.56 Cap 11 Unit Bronx Apartment Building Just Off Westchester Ave. For Sale!!! The Building Features Excellent Signage, Great Exposure, C4-2 (R6 Equivalent) Zoning, High 9' Ceilings, (11) 3 Br. Apartments, 5 Stories, Large Rear Yard, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Park Versailles Just Off Busy Westchester Avenue!!! The Property Is Situated Between The Bronx River Pkwy., I-95, I-278 & Sheridan Blvd.!!! Neighbors Include Chase Bank, Bank Of America, Verizon, T-Mobile, AT & T, Extra Space Storage, CubeSmart Self Storage, Boost Mobile, CVS, Dunkin', CityMD, Shell, BP Gas, Foot Locker, Cookie's Department Stores, McDonald's, Burger King, Papa John's, Domino's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1 (3 Br. Apt.): $6,600 Ann.; No Lease. Unit 2 (3 Br. Apt.): $23,757.24 Ann. Lease Exp.: 11/30/26. Unit 3 (3 Br. Apt.): $24,828.60 Ann.; Lease Exp.: 3/31/26. Unit 4 (3 Br. Apt.): $27,660 Ann.; Lease Exp.: 3/31/27. Unit 5 (3 Br. Apt.): $30,000 Ann.; Lease Exp.: 3/31/27. Unit 6 (3 Br. Apt.): $23,870.64 Ann.; Lease Exp.: 1/31/27. Unit 7 (3 Br. Apt.): $27,833.28 Ann.; Lease Exp.: 11/30/26. Unit 8 (3 Br. Apt.): $23,789.04 Ann.; Lease Exp.: 11/30/26. Unit 9 (3 Br. Apt.): $25,260 Ann.; Lease Exp.: 2/28/27. Unit 10 (3 Br. Apt.): $21,004.56 Ann.; Lease Exp.: 10/31/27. Unit 11 (3 Br. Apt.): $22,093.68 Ann.; Lease Exp.: 7/31/27. Gross Income: $256,697.04 Ann. Expenses: Oil: $20,092.61 Ann. Electric: $2,355.18 Ann. (Common Areas Only) Maintenance & Repairs: $5,500 Ann. Insurance: $10,000 Ann. Water & Sewer: $13,286.04 Ann. Taxes: $32,129.96 Ann. Total Expenses: $83,363.79 Ann. Net Operating Income (NOI): $173,333.25 Ann. (12.38% Cap!!!) Reply, Reply All or Forward

## Location

- **Address:** 1209 Elder Avenue, Bronx, NY 10472
- **County:** Bronx County
- **Coordinates:** 40.829047, -73.879425
- **Google Maps:** https://www.google.com/maps?q=40.829047,-73.879425

## Listing Agent

- **Name:** Richard Matt Shane
- **Brokerage:** All Island Estates Realty Corp
- **Phone:** 5162798828
- **Broker Phone:** (516) 532-9184
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/MLSLINY/979705/?channel=propsimple)

## Photos

![1209 Elder Avenue - Photo 1](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2249120002r.jpg)

![1209 Elder Avenue - Photo 2](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1334123443r.jpg)

![1209 Elder Avenue - Photo 3](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2495652556r.jpg)

![1209 Elder Avenue - Photo 4](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f4217864737r.jpg)

![1209 Elder Avenue - Photo 5](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3681115587r.jpg)

![1209 Elder Avenue - Photo 6](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1264472052r.jpg)

![1209 Elder Avenue - Photo 7](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2586911108r.jpg)

![1209 Elder Avenue - Photo 8](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f104090774r.jpg)

![1209 Elder Avenue - Photo 9](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1350396811r.jpg)

![1209 Elder Avenue - Photo 10](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f601625835r.jpg)

![1209 Elder Avenue - Photo 11](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f588413504r.jpg)

![1209 Elder Avenue - Photo 12](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f174160435r.jpg)

![1209 Elder Avenue - Photo 13](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1867567198r.jpg)

![1209 Elder Avenue - Photo 14](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3505794281r.jpg)

![1209 Elder Avenue - Photo 15](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1338924584r.jpg)

![1209 Elder Avenue - Photo 16](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2918053393r.jpg)

![1209 Elder Avenue - Photo 17](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f449408945r.jpg)

![1209 Elder Avenue - Photo 18](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2437469909r.jpg)

![1209 Elder Avenue - Photo 19](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1292708317r.jpg)

![1209 Elder Avenue - Photo 20](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1309121997r.jpg)

![1209 Elder Avenue - Photo 21](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3397176056r.jpg)

![1209 Elder Avenue - Photo 22](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3325424038r.jpg)

![1209 Elder Avenue - Photo 23](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3363670346r.jpg)

![1209 Elder Avenue - Photo 24](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f2499587413r.jpg)

![1209 Elder Avenue - Photo 25](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f411930974r.jpg)

![1209 Elder Avenue - Photo 26](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f4015470105r.jpg)

![1209 Elder Avenue - Photo 27](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f254355938r.jpg)

![1209 Elder Avenue - Photo 28](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f3681115587r.jpg)

![1209 Elder Avenue - Photo 29](http://lh.rdcpix.com/9f3ec6e25c5a4c93eeb639dc89dc61d9l-f1115014606r.jpg)

---

**MLS#:** 979705 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1209-elder-avenue-bronx-ny-10472-y979705)

---

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